Clearly you know little about the REE sector, LREOs vs. HREOs - market demand, recoverability and geopolitics. Would not touch HREE with a barge pole - like so many others !!
Yup. Somewhere between £50 and 100M market cap seems right for a 14Mt deposit averaging 3.1% TREO. I wonder how long it will be before the mining vultures notice this ? Are they circling already ?
This is becoming something quite special. A FTSE 250 company in the making. Will become a takeover target very soon if the tonnage and grade continue to develop in the way they are.
A superb RNS. An absolute belter. Look at the benchmark valuation table and ask yourself how undervalued is Kendrick in this sector against peer companies in production?
It is simple enough. The alleged new holder is a linked account - linked to Guilini but holding a transfered block from the CLN exercise whereas they had none before. Doh. Go back to school for Chisssake.